AI Data Insight
China's Q2 2026 consumer goods CPI YoY growth rate fell to 1.1%, cooling significantly from the previous value of 1.6%. During the same period, the overall CPI also fell short of market consensus, reflecting that the recovery of terminal demand remains sluggish. In the future, close attention must be paid to the cost transmission pressure under a rising PPI, as well as the implementation effectiveness of official pro-consumption policies.